Watch the GCBX Virtual Event on COVID-19: Top Issues for Contractors.
Thank you to our Presenters:
Joseph M. Herbert, J.D., M.B.A.- Norton, Hammersley, Lopez & Skokos, P.A.
Benjamin Briggs- Cotney Construction Law
Jason Collier- Shumaker, Loop, and Kendrick LLP
COVID-19 Information for you and your Business
For the most up-to-date information about COVID-19 in Florida, please visit the Florida Department of Health’s dedicated COVID-19 webpage.
Here is a link to CDC guidelines for Construction Workers.
We have a few different types of face coverings including neck gaiters, lightweight masks and GCBX masks available. We also have hand sanitizer available in bulk and personal size. Please reach out if you are in need of face coverings or sanitizers for you or your employees.Email AlbaniHogan@gcbx.org or call us at 941-907-7745.
The Florida Department of Health issues recommendation to wear face coverings in public settings where physical distancing measures are hard to maintain. Florida Surgeon General is recommending wearing masks in public.
The following local municipalities have Mask Mandates:
City of Bradenton, City of Sarasota, Anna Maria Island, Holmes Beach, City of Punta Gorda
For more info on mask mandates in Florida- Click Here.
COVID-19 Small Business Resource Guide from USF SafetyFlorida- Click Here
Click here for the Bradenton Area EDC COVID-19 webpage
Sarasota County COVID-19 business resource page - includes information on emergency loans
Starting Friday, July 17th Bradenton businesses will be required to post signs recommending that customers wear masks in public.
Click here for Manatee County Government COVID-19 webpage
Click here for Charlotte County Government COVID-19 updates
CITY OF VENICE
Click here for City of Venice COVID-19 FAQs
FINANCIAL ASSISTANCE RESOURCES
U.S. SBA Economic Injury Disaster Loans (EIDL) - The President has activated a presidential disaster declaration in response to COVID-19. Impacted businesses, small agricultural cooperatives, and private nonprofit organizations may apply for low-interest loans through the U.S. Small Business Administration's Economic Injury Disaster Loan (EIDL) Program. If your business has suffered substantial economic injury, you may qualify for an EIDL. EIDLs provide working capital to help businesses survive until normal operations resume after a disaster. The SBA can provide up to $2 million to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. Application Filing Deadline: December 18, 2020
Helpful Slideshow on Florida SBDC COVID-19: Assistance for Small Business
Paycheck Protection Program - Much anticipated guidelines for the Paycheck Protection Program of the CARES Act were released by the SBA today. SBA provides that lenders may begin processing applications as soon as April 3.If you wish to begin preparing your application, you can download a sample form to see the information that will be requested from you.
The Senate CARES Bill: Tax- Senate Republicans and Democrats have unveiled legislation to provide emergency relief to workers, families, small businesses, and distressed industries. The full package is big, targeted, and will make a difference. Here are the tax details. Here are details for small businesses.
Florida Property Tax Extension - Property tax is normally due by March 31 in the year following the year the taxes are assessed. The Florida Department of Revenue (FDOR) extended the final due date for citizens and businesses to pay property taxes in all Florida Counties from March 31 to April 15, 2020. Payments that are remitted by April 15, 2020, for the 2019 tax year will be considered paid on-time. Additional information can be found in the DOR Emergency Order 20-52-DOR-001 (Property Tax Oversight).
Florida Sales and Use Tax Extension - Sales and use tax, as well as other related tax returns and payments, are normally due on the first day of the month and are late after the 20th day of the month. The FDOR extended the due date for sales and use tax, as well as other related taxes, collected in March to April 30, 2020 for taxpayers who have been adversely affected by COVID-19. Additional information, including guidance on what constitutes an adversely affected taxpayer, can be found in the DOR Emergency Order 20-52-DOR-002 (Sales and Use Tax and Related Taxes).
Federal Income Tax Filing and Payment Extension by IRS - The U.S. Treasury Department and the IRS announced that the due date for federal income tax filing and payment is extended from April 15 to July 15, 2020. Taxpayers do not need to file any additional forms nor call the IRS to qualify for this automatic federal tax filing and payment relief. The IRS has established a dedicated page for updates and information on issues related to the COVID-19 virus: www.irs.gov/coronavirus.
Paycheck Protection Program Loans
Small Business Debt Relief Program
Economic Injury Disaster Loans and Emergency Economic Injury Grants
Small Business Counseling
Small Business Contracting
Small Business Tax Provisions
Division of Corporations Annual Reports Filing Extension - The annual report filing deadline for Florida business entities has been suspended until June 30, 2020 per Department of State Emergency Order 2020-01. This includes any corporation, limited liability company, limited partnership or limited liability limited partnership entities required to file an annual report with the Florida Division of Corporations. For more information, please visit the Division of Corporations website.
The U.S. Department of Labor’s Wage and Hour Division (WHD) announced more guidance to provide information to workers and employers about how each will be able to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) when it takes effect on April 1, 2020. The guidance announced on March 26,2020 augments information WHD published the day before, including a Fact Sheet for Employees, a Fact Sheet for Employers and a Questions and Answers document. Additional guidance is forthcoming. For more information about the laws enforced by the WHD, call 866-4US-WAGE, or visit www.dol.gov/agencies/whd.
Field Assistance Bulletin - describing WHD's 30-day non-enforcement policy
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. To keep up to date on when these programs become available, please stay in contact with your local Small Business Administration (SBA) District Office, which you can locate here.